{"id":220542,"date":"2021-04-07T00:12:45","date_gmt":"2021-04-06T21:12:45","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/spring-breakers-face-rental-car-shortage\/"},"modified":"2021-04-07T00:12:45","modified_gmt":"2021-04-06T21:12:45","slug":"spring-breakers-face-rental-car-shortage","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/spring-breakers-face-rental-car-shortage\/","title":{"rendered":"#Spring breakers face rental-car shortage"},"content":{"rendered":"

“#Spring breakers face rental-car shortage<\/strong>”
\n<\/p>\n

\n

Vacation-bound Americans are spending a pretty penny on car rentals \u2014 due to a pandemic-induced vehicle shortage, according to reports.<\/p>\n

Rental prices for even \u201ceconomy\u201d-sized cars in hotspots like Arizona, Hawaii and Florida have soared to $300 a day and beyond in recent weeks as the industry struggles to keep up with pent-up demand.<\/p>\n

\u201cTravel<\/a>ers are canceling entire vacations because they either can\u2019t afford a car rental or simply can\u2019t find an available car at any price,\u201d Jonathan Weinberg of the auto rental search engine Autoslash told the Points Guy<\/a>.<\/p>\n

Rental car prices have jumped 30 percent nationwide \u2014 and as high as 300 percent in some places, Weinberg said.<\/p>\n

The industry simply doesn\u2019t have the supply to meet the demand. COVID-19 decimated the industry financially last year \u2014 mainstays like Hertz filed for bankruptcy, while others sold off their cars to cut costs, CNN Business said<\/a>.<\/p>\n

Travel has also resumed faster than many rental companies anticipated, according to experts \u2014 leaving them short on inventory in key locations.<\/p>\n

\u201cRental car supply is normally tight around spring break, but not like this,\u201d Deutsche Bank analyst Chris Woronka told CNN. \u201cNormally you have 30 percent more cars.\u201d<\/p>\n

\u201cDuring this period of pent-up demand for travel but not enough supply, you should expect prices would be higher than in the past. The travel providers are testing the waters. We\u2019re in uncharted territory. They\u2019ve all lost a lot money in the last year.\u201d<\/p>\n

Industry watchers recommend would-be travelers book their rental car as early as possible.\n <\/p><\/div>\n

If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n

\n

For forums sites go to Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

\n

If you want to read more News<\/a> articles, you can visit our News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Spring breakers face rental-car shortage” Vacation-bound Americans are spending a pretty penny on car rentals \u2014 due to a pandemic-induced vehicle shortage, according to reports. Rental prices for even \u201ceconomy\u201d-sized cars in hotspots like Arizona, Hawaii and Florida have soared to $300 a day and beyond in recent weeks as the industry struggles to keep…<\/p>\n","protected":false},"author":1,"featured_media":220543,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/04\/car-rentals-.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[100971,29696,74077,79262,95521,30060,72122],"class_list":["post-220542","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-4-6-21","tag-cars","tag-rentals","tag-spring-break","tag-spring-breakers","tag-vacation","tag-vacations"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/220542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=220542"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/220542\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/220543"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=220542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=220542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=220542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}